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The misogyny is risibly obvious but self-made? Nope. His father can claim that accolade, the Donald well, not so much. Fred Trump was one of the wealthiest individuals in the US when Donald began his real estate career. Having endowed Donald with an allowance during his childhood greater than the average family wage, Fred went on to ensure that his son could never fail in business:-
Fred Trump's political credibility was also essential to Donald's first big success. In his book "The Art of the Deal," Donald wrote that "the only way to get financing was if the city gave me a tax abatement." Part corporate welfare and part urban renewal scheme, the tax abatements allowed property owners to pay lower taxes than they would normally pay. Donald's application got lots of attention from city officials, who eventually gave him a $40 million reduction. Without this gift from his father's friends, Donald's first project would never have been started.
By 1990, a few bailouts later, Fred was suffering from early onset Alhzeimers and Donald was in real trouble, The Trump Organization was $5 billion in the red with $1 billion guaranteed by Donald personally. He only survived by tapping his siblings for loans against the money they knew they would soon inherit.
Four corporate bankruptcies later, Trump is feted as the model for the American Dream, the champion of the little guy and an example of the self-made businessman, proof that with hard work (and the odd inherited $million and bailout from the Bank of Dad when you screw up) anyone can achieve the highest office.
This despite the fact that for the last 30 years, Trump's net worth has increased at a rate lower than the US stock market average. Wow, what a businessman!
But you gotta hand it to the guy, he just pulled off perhaps the greatest political con trick of the century.
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